Kirr Marbach fund wins top Lipper recognition
Columbus, Ind.-based Kirr Marbach & Co. LLC is furthering its reputation for smart stock picking among the nation’s investment advisers.
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‘Local’ firm played role in alleged pump-and-dump scheme
An investor-relations firm founded by an Indianapolis native allegedly helped insiders of a biotech firm to hype its stock on financial sites, then sell their own shares on the bump.
Companies, including WellPoint, use buybacks to boost stock
Companies have been spending big on buybacks since the 1990s. What's new is the way buybacks have exaggerated the health of many companies.
A strong February wipes out market’s January loss
The Standard & Poor's 500 index rose 4.3 percent in February, the biggest gain since October 2013, helped by strong corporate earnings and a Federal Reserve that seems to have Wall Street's back at every turn.
Yellen to investors: Expect continuity at the Fed
Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will support the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as chairman last month.
Benchmark stock indexes suffer worst week since 2012
The Standard & Poor’s 500 index retreated 2.1 percent Friday, to 1,790.31, to close at its lowest level since Dec. 17. The benchmark index declined 2.6 percent this week. The Dow Jones industrial average lost 3.5 percent this week.
After year of stock records, a weak start to 2014
The Standard & Poor's 500 index began the New Year with its worst performance in three weeks as energy and technology companies pulled down the stock market.
2013 was the year of unstoppable stocks
Instead of worrying about the wider world in 2013, investors focused on the Federal Reserve and the outlook for its stimulus program.
Investment manager sees good growth prospects for 2014
Tom Pence predicts change for U.S. manufacturing.
Markets close at record highs after Fed’s tapering decision
U.S. stocks rose, sending benchmark indexes to all-time highs Wednesday, after the Federal Reserve said it will reduce the pace of its monthly bond purchases and expressed confidence in the labor market recovery.
Fed to reduce bond purchases by $10B in January
The Federal Reserve has decided to reduce its stimulus for the U.S. economy because the job market has shown steady improvement. The Fed will trim its $85 billion a month in bond purchases by $10 billion starting in January.
Investors await Fed’s decision on bond purchases
But most economists think that when the Fed's latest policy meeting ends Wednesday, it will announce that it's maintaining its pace of $85 billion a month in bond purchases.
Poll: Many Americans see end of stock market surge
Americans aren't expecting another bang-up year for the stock market, according to a new Associated Press-GfK poll.
Barron’s says Simon stock among best for 2014
The owner of hundreds of retail properties landed on the Barron’s list of top stock picks for 2014, with the financial publication citing an improved outlook and an analyst upgrade.
Stock market jumps after strong jobs report
Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.
Shares of Indiana retailers surge in 2013
Shares of The Finish Line Inc., HHGregg Inc. and Shoe Carnival Inc. have been on a tear this year, rebounding to outperform the major stock indexes and rising at least 40 percent in value through the first of December. By comparison, the S&P 500 has gained about 28 percent.
Spinoff of Allegion nets Carmel a publicly traded giant
Carmel has gained a publicly traded company large enough to knock retail legend J.C. Penney off the Standard & Poor’s 500 Index.
Finish Line shares continue climb after upgrade
Two investment analysts raised their ratings for Finish Line on Monday, saying the Indianapolis-based athletic shoe and clothing retailer has the opportunity for margin recovery and a stronger online performance.
Dow, S&P 500 hit records before closing lower
The stock market broke through two milestones Monday before giving up nearly all its gains late in the day.
Twitter soars as shares debut on stock market
The stock opened at $45.10 a share on Thursday, 73 percent above its initial offering price. Tempering expectations was a big theme leading up to the IPO, but that flew out the window with the stock’s opening surge.